Creating Two Independent Public Companies
8
© 2023 WESTERN DIGITAL CORPORATION OR ITS AFFILIATES ALL RIGHTS RESERVED
Creating a Standalone HDD Industry Leader
Business Overview
Key strategic supplier of high volume nearline hard drives to
the world's global cloud & service providers, storage OEMs,
and distributors
Total Addressable Market Breakdown (1)
-$25Bn
Other
Cloud
#2 market position today (39% market share (1))
8%
CY25 TAM
92%
12%
CY22-25 CAGR
Global innovator in a long-term growth data storage market
with an ability to generate consistent cash flow
Long-standing focus on value creation via customer centricity,
innovation and operational excellence
Revenue Market Share Trend (2)
38%
39%
Compelling portfolio roadmap for high-capacity applications,
including Artificial Intelligence (AI)
12
1.
IDC Worldwide Hard Disk Drive Market Shares, 2022; #US50484823, March 2023.
2.
IDC Worldwide 2Q23 HDD Shipment Results; #US50020423, August 2023 and Western Digital.
40%
CY21
CY22
H1'CY23
WWestern Digital. HDD FlashView entire presentation